Brexit: how to trade GBP as the talks continue

As Brexit talks continue, both sides said the deal needs to be reached by the end of October to give enough time for the ratification before the transition period ends on December 31. IG’s Victoria Scholar is joined by Martin Essex, strategist at Daily FX, to discuss what could different outcomes mean for the British pound.

Martin expects a bare-bones deal by the end of the month, yet there is still a 30% chance of a no-deal Brexit. The two discuss what the markets are pricing in, and Martin gives his outlook for GBP.

Any opinion, news, research, analysis, or other information does not constitute investment or trading advice.

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Charts & fundamentals: GBP/USD , FTSE 100